• Mon. Mar 20th, 2023

InvestmentPitch Media Video Discusses Reliq Wellness and its New Contract with Large U.S. Healthcare Strategy, adding extra than 1,200 Care Centers across 7 States


Mar 17, 2023

InvestmentPitch Media and Reliq Wellness Technologies Inc.

VANCOUVER, British Columbia, March 17, 2023 (GLOBE NEWSWIRE) — Reliq Wellness Technologies Inc. (TSXV:RHT) (OTCPink:RQHTF) (FSE:MHN2), a swiftly rising international healthcare technologies corporation producing revolutionary Virtual Care selections for the multibillion-dollar Healthcare business, has signed a new contract with a massive healthcare plan with extra than 1,200 care centers in the U.S. This client’s care centers are spread across New York, Ohio, Maryland, Virginia, Florida, Kentucky and South Carolina and include Skilled Nursing Facilities, hospitals, house effectively becoming agencies, hospice agencies and essential care clinics.

A Media Snippet accompanying this announcement is readily out there by clicking on the image or hyperlink beneath:

For extra particulars, please view the InvestmentPitch Media video which presents added news about the corporation along with video comments from Dr. Crossley. The video is readily out there for viewing on “InvestmentPitch” or on “YouTube”. If the hyperlink is not readily out there, please cease by www.InvestmentPitch.com and enter “Reliq” in the search box.

With these 1st 20 facilities alone, which are Skilled Nursing Facilities, management expects to add extra than two,000 sufferers per month to its iUGO Care platform at an standard revenue of US$60 per patient for the 1st 30 days post-discharge and US$65 per patient per month for each and every and each subsequent month, at an anticipated 75% gross margin. When you take into consideration these 1st 20 facilities will be adding extra than two,000 sufferers per month, represent a great deal much less than two% of the 1,200 care centres integrated in this new contract, it is hard to consider about the total revenue potential from this a single contract.

With a Skilled Nursing Facility, educated registered nurses provide the identical level of nursing care you get in a hospital, in a healthcare setting, under a doctor’s supervision. Just immediately after an illness, injury or surgery, sufferers could possibly go from a hospital to a Skilled Nursing Facility to continue recovering, precisely exactly where in addition to skilled nursing, the care could possibly include rehabilitative options from licensed physical, occupational or speech therapists.

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Marketplace investigation firm “Future Marketplace Insights” states that the U.S. skilled nursing facility business is anticipated to create at a compound annual improvement value of 3.32%, reaching US$252 billion by 2032. Mostly primarily based in Hamilton, Ontario, with offices in Florida and Texas, Reliq specializes in producing revolutionary Virtual Care selections for the multi-billion dollar healthcare business.

The company’s potent iUGO CARE platform for care coordination and house healthcare integrates wearables, sensors, voice technologies with intuitive mobile apps and desktop laptop computer software for sufferers, households, clinicians, and healthcare administrators, enabling difficult sufferers to get greater-exceptional care at house, enhancing effectively becoming outcomes, enhancing the exceptional of life for sufferers and households, and minimizing the expense of care delivery. iUGO Care presents actual-time access to remote patient monitoring info, enabling for timely interventions by the care group to guard against costly hospital readmissions and emergency space visits.

The shares are trading at $.52. For extra particulars, please cease by the company’s online internet site, www.ReliqHealth.com or e-mail IR@ReliqHealth.com. Investor Relations in the United States is handled by Ben Shamsian of Lytham Partners, who can be reached at 649-829-9701 or by e-mail at shamsian@LythamPartners.com.

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The particulars in this InvestmentPitch Media Ltd video is for the viewers particulars only. Reliq Wellness Technologies has paid a charge not exceeding $two,000 in income to have its current news release created in video format. The corporate particulars is mostly primarily based on particulars that is publicly readily out there. Any particulars supplied by InvestmentPitch Media Ltd., by way of its media options is not to be construed as a recommendation or suggestion or provide to buy or sell securities but is supplied solely as an informational media service. InvestmentPitch Media Ltd tends to make no warranties or undertakings as to the accuracy or completeness of this particulars. All due diligence actually need to be achieved by the viewer or their financial advisor. Investing in securities is speculative and carries danger.

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